We have what seems to be another bear flag in the making... Indicated by blue flags on chart. That drop should give us an idea about how far bitty will drop, this time, before leveling out or executing a full reversal. I estimate we will see the lower $16,000, specifically 16,300. This is just my estimation and thinking based on prior chart analysis. As always, please do your own research. THIS IS NOT FINANCIAL ADVICE! ONLY IDEAS! * please like and comment if you find the chart helpful.
Comment:
excuse me ....the flag length should give us and idea as to how far bitty should fall!